Definitions for "Fully Indexed Rate"
Keywords:  margin, libor, plus, index, mta
The index plus the margin for an adjustable rate mortgage.
Displays the borrower's interest rate, calculated by adding the Current Index and the Margin and rounded by default to the nearest 1/8. Use System Defaults to change the rounding factor.
The fully indexed rate=value of the index + margin. See adjustable loans.
Keywords:  gnma, ginnie, warranty, mae, deed
General Warranty Deed Government National Mortgage Association (GNMA, Ginnie Mae)